In a less tight marked environment than in 2022, the global LNG market reached a new high in 2023, totalling 395.2 mt, an increase of 2% yoy. While European demand, including the United Kingdom and Türkiye, saw a marginal decline of 1% or 1.2 mt, the Asia-Oceania region experienced a modest growth, with imports climbing by 3% or 8 mt.